World Economic Forum WEF 2014

Perspectives

Social Progress Imperative

Deloitte's strategic partnership with SPI

A robust and prosperous society requires effective growth to include both economic progress and social progress. The complexity of the big societal challenges demands collaboration. But no one sector, including business, can do it alone. Deloitte Global and its member firms, Social Progress Imperative (SPI) and leaders from academia and other organizations are working together to drive cross-sector collaboration and highlight barriers to achieving true progress.

Unlocking Real Growth: Social Progress and the G20

On the 15th and 16th of November, Australia played host to the annual G20 Summit. The G20 provided an opportunity for leaders to discuss global economic issues and shape the world's effort to restore growth. Yet, growth without social progress is an empty goal. Governments need to think beyond the usual macroeconomic levers to support social progress. Australia and other G20 countries can enhance economic growth through addressing these social problems which are burdensome to economic progress.

Deloitte Australia has used the Social Progress Index to identify where Australia compares less favourably with its peer countries and therefore present opportunities for governments, business and the not-for-profit sector to work.

To learn more visit the Deloitte Australia page or download the report. 

G20: Insights from the Social Progress Index 2014

Watch the Social Progress Index Ted Talk

The Telegraph newspaper in the UK has included Michael Green’s presentation on the Social Progress Index in their list of the ten best TED talks. Learn more about what the Social Progress Index can reveal about your country.

Social Progress Imperative 2014

Business and Society are linked

Deloitte believes that business has the power and responsibility to help build a robust and prosperous society.

Business serves human needs and desires, creating vital products and services, which drive social and economic development. Thus, a sustainable and prosperous society needs thriving businesses – and for business to thrive over a sustained period, it needs to operate in a prosperous society. Progress in one invariably drives progress in the other.

The Deloitte network does this every day through client service work, corporate responsibility programs and strategic partnerships. These provide the opportunity for Deloitte people to use their expertise and insights, and engage their networks, to address issues that matter most to society.

To create growth and competitiveness business needs to help tackle the big issues facing society and drive progress through innovative ideas and products. 

"There is a powerful connection between economic and social development. Trying to separate the two is big mistake"

 

Michael Porter

Bishop William Lawrence University Professor, Harvard Business School

Social Progress Imperative

Social Progress Imperative (SPI) is changing the way we work to solve the world's most pressing challenges, redefining how the world measures success and helping actors from across sectors come together, speak a common language and drive measurable change. 

SPI revolutionizes social problem solving by: 

  • Enabling leaders to systematically identify and prioritize issues through the Social Progress Index 
  • Empowering leaders to convene all the right local actors, global partners, and subject-matter experts necessary to develop and deploy meaningful solutions, through the power of Social Progress Networks.

“Deloitte is collaborating with the Social Progress Imperative and others because we believe business has a role to play in helping solve the world’s critical issues and the Index is a tool that can ignite collective action from business, government and society.”

 

Steve Almond

Global Chairman, Deloitte Global

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